Refer to the Above Graph

question 40

Multiple Choice

Refer to the above graph.What will shift D₁ to D₂?

• A) A decrease in productivity
• B) An increase in product demand
• C) An increase in the price of complementary input
• D) A decrease in the price of a substitute input (if the substitution effect is greater than the output effect)

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Definitions:

Training Opportunities

Programs or courses offered by an employer or educational institutions to help employees gain new skills or improve existing ones.

Personnel Doctrine

A set of beliefs, practices, and policies used to manage human resources in an organization, guiding the recruitment, employment, and development of staff.

New Culture

The process or result of developing and integrating new set of beliefs, values, and practices within an organization or community.

Social Order

The set of rules, norms, and standards that govern behavior in societies, ensuring predictability and functionality among its members.